Sapphire Textile
Sapphire Textile is a Pakistani textile company which is based in Lahore, Pakistan. It is a vertically integrated textile group, manufacturing cotton yarn, fabric, and finished garments. Its products are exported to over 35 destinations around the globe. It employs more than 16,000 people.
Public | |
Industry | Textile |
Founded | 1940Calcutta, India | in
Headquarters | Lahore, Pakistan |
Products | Textiles and textile products |
Revenue | |
Total assets | |
Number of employees | 12,000 (2012) |
Subsidiaries | Sapphire |
Website | www |
In 2012, the company had a turnover of over US$800 million, with an asset base of over US$500 million. It has the spinning capacity of 350,000 spindles, with a production capacity of 65,000 kg of yarn per month from 6/s to 120/s, Knits dyeing and finishing and apparels unit has a capacity of knitting 500 tons of greige fabric and 300 tons of dyed and finished fabric and producing 430,000 garments per month.[1][2]
The company has also diversified into the power generation and dairy sectors. Sapphire Electric Company is a 234 Megawatt combined cycle plant in Muridke.[3] Sapphire Dairies Private Limited operates a large mechanized dairy farm based on 100 acres near Manga, Lahore, with a herd size of 3000 and a target of 10,000 milking cows (300,000 liters per day) by 2020.[4]
References
- "About Sapphire Group". sapphiremills.com.
- "'Sapphire' to invest Rs500m in power co". The Nation.
- "Bank Alfalah to buy 30pc Sapphire shares to enter power sector". The Nation.
- "Sapphire". sapphire.com.pk.